We assisted the Lithuania-based market-leading public web data gathering solutions provider Oxylabs in acquiring Webshare Software Company based in Silicon Valley. Sorainen partner Mantas Petkevičius, who advised the client in this transaction, says that this is likely the first case when a Lithuania-based business has acquired a Silicon Valley company. First acquisition in Silicon Valley […]
We assisted Vilnius Coding school, an international programming school for adults, in acquiring 100% of the shares in Baltijos kompiuterių akademija. Baltijos kompiuterių akademija is an information technology (IT) professional training and certification academy for IT management and technology professionals. The company provides internationally recognised qualifications and implements IT education projects. Julija Rimšelė, founder and […]
We assisted Pet Baltija, one of the largest polyethylene terephthalate (PET) recyclers in Northern Europe, in signing an agreement to acquire the leading Czech fibre producer Tesil Fibres, a spin-off of SILON. PET Baltija operates in Latvia and is managed by INVL Baltic Sea Growth Fund. It belongs to Eco Baltia, the largest environmental and […]
We assisted asset management group Invalda INVL in completing the acquisition of Mandatum Life’s Baltic insurance business. Mandatum Life is one of Finland’s largest life insurance companies, which also operates in the Baltics through branch operations across Lithuania, Latvia, and Estonia. INVL will now be able to offer both existing and new clients additional tailored […]
We assisted the INVL Baltic Sea Growth Fund in signing an agreement to acquire Nemunas, one of the most modern treatment centres in Birštonas, and Eglės Sanatorija – one of the largest SPA and treatment centres in the Baltics. Eglės Sanatorija, founded in 1972, provides rehabilitation, rest and medical services in Druskininkai and Birštonas. In […]